By G. Palaitsakis
The finance ministry this week warned that it will activate provisions in the tax code to temporarily close down businesses that do not issue legal receipts or…
By T. Tsiros
The gap in the 2016 state budget over the January-July period from privatizations will reach 80 to 90 million euros, with delays in finally transferring a majority…
By F. Zois
A sole binding bid was submitted on Monday in a tender for building a logistics-shipping center in the Thriasio industrial district, west of Piraeus. The bid was…
This August may not have the “high drama” that the corresponding month in 2015 witnessed, which saw the government sign and ratify a third bailout memorandum, yet several goals lie…
A sealed tomb dating to the Byzantine era was discovered by chance in the mountainous Zagori district of northwest Greece this week.
The tomb is located next to a basketball…
A draft bill liberalizing the framework for new forms of financing by Greece’s crisis-battered companies will soon be tabled in Parliament, satisfying a standing demand by the Athens Stock Exchange…
By S. Papapetros
A new round of decreases in supplementary pensions begins on Tuesday via the recalculation, downwards, of both primary and supplementary monthly social security benefits.
The decreases emanate…
Recent geopolitical developments in Greece’s “surrounding neighboring” are deemed to have negatively affected the tourism outlook for the current season, according to a report by the Association of Greek Tourism…
By F. Zois
An unsuccessful sixth consecutive tender for the creation of a logistics center in the Thriasio industrial district, west of the port of Piraeus, is expected to cause…
By A. Tsiblakis
A team of Cosco executives is currently evaluating all of the Piraeus Port Authority’s (OLP) operations, on a day-to-day basis, in order for the Chinese multinational to…
The consortium led by Germany’s Fraport, which recently assumed control of 14 provincial airports around Greece following its successful bid in an international tender, plans to make Thessaloniki’s Macedonia Airport…
The Hellenic Financial Stability Fund (HFSF) on Friday released its annual financial report for 2015, detailing its actions and activities for the previous year.
A press release, detailing what HFSF…
Greece’s biggest employers’ group, the Hellenic Federation of Enterprises (SEV), this week unveiled a detailed set of positions ahead of what’s expected to be tough negotiations between institutional creditors and…
A ribbon-cutting ceremony in the middle of the summer tourism season on the Cyclades island of Paros was the latest incident to ignite heated back-and-forth political squabbling this week.
Greek…
By D. Alexaki
A forthcoming bond issue worth 420 million euros by Fage International, the holding company for the Greek yoghurt and dairy producer, was heavily oversubscribed, according to reports…
A looming date, Oct. 10, is the deadline for submitting binding offers for a 43.63-percent stake of the historic Modiano arcade / market in the heart of Thessaloniki’s commercial district.…
By A. Tsiblakis
Greek ship owners and Greek-controlled shipping companies are ready to cash in on the LNG sector, given that they are the biggest investors worldwide in the specific…
Friday servers as an utterly crucial day for the finance ministry’s revenue targets for the entire year, as the day marks the first deadline for paying income tax installments and…
The week’s high-profile announcement that the imposition of a supplementary property tax on farmland, pastures and land outside of town planning zones will be suspended for 2016 doesn’t carry over…
By Vassilis Kostoulas [email protected]
Seven years into the crisis there are nary any conditions for a dynamic Grexit from the economic crisis, an extended period that reflects the inability of the political…
The first-ever session of a mostly state-dominated coordination committee for the cruise ship sector on Wednesday identified six obstacles blocking the full exploitation of this type of high-value tourism product…
By T. Tsiros
Deposits in Greece’s banking sector showed an increase of 1.04 billion euros in June, up from the corresponding month, with businesses trusting more of their cash to…
State expenditures between the January-June 2016 period reached 23.996 billion euros, dropping by 3.350 billion euros beyond the goal of 27.346 billion euros.
Expenditures in the general budget reached 22.694…
The government, via the prime minister himself no less, on Wednesday announced a series of measures for low-income pensioners that are beneficiaries of a soon-to-disappear monthly bonus paid out by…
The last Mideast war refugees and assorted other irregular migrants that had entered Greece from Turkey over the past year were evacuated on Wednesday from the port of Piraeus.
According…
The Bank of Greece (BoG) this week revisited the still unresolved and pressing issue of non-performing loans (NPLs) in the country, referring to a continuing deterioration of Greek banks’ loan…
A proposal by the main opposition New Democracy (ND) party for the establishment of a Parliamentary committee of inquiry into the reasons leading to the imposition of capital controls and…
Four international companies have reportedly expressed an interest in a tender to purchasea 24-percent stake of Greece’s independent power transmission operator (IPTO or ADMIE).
The development is part of a memorandum-mandated procedure to select a strategic investor for the power grid operator, and follows a recent…
AB Vassilopoulos, a leading super market retailer in Greece, on Tuesday announced that it exceeded one billion euros in H1 turnover this year, confirming a previous “N” report that the…
The leftist Greek government on Tuesday remained steadfast in its decision to allow only four nationwide television broadcast licenses in the country, while again pointing to a controversial study it…
